Tanger Inc. (SKT)
NYSE: SKT · Real-Time Price · USD
36.49
-0.18 (-0.49%)
Nov 22, 2024, 4:00 PM EST - Market closed
Tanger Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Tanger stock have an average target of 34, with a low estimate of 28 and a high estimate of 41. The average target predicts a decrease of -6.82% from the current stock price of 36.49.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Tanger stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 5 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 7 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $31 → $35 | Hold | Maintains | $31 → $35 | -4.08% | Nov 15, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $34 → $41 | Strong Buy | Maintains | $34 → $41 | +12.36% | Nov 13, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $35 → $40 | Hold → Strong Buy | Upgrades | $35 → $40 | +9.62% | Nov 11, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $31 → $33 | Hold | Maintains | $31 → $33 | -9.56% | Nov 7, 2024 |
| Compass Point | Compass Point | Strong Buy Maintains $34 → $36 | Strong Buy | Maintains | $34 → $36 | -1.34% | Oct 25, 2024 |
Financial Forecast
Revenue This Year
505.78M
Revenue Next Year
525.67M
from 505.78M
Increased by 3.93%
EPS This Year
0.82
from 0.92
Decreased by -10.34%
EPS Next Year
0.91
from 0.82
Increased by 9.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 539.5M | 562.8M | 581.3M |
| Avg | 505.8M | 525.7M | 545.0M |
| Low | 477.3M | 495.0M | 521.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.3% | 10.6% |
| Avg | - | 3.9% | 3.7% |
| Low | - | -2.1% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.91 | 0.99 | 1.14 |
| Avg | 0.82 | 0.91 | 0.99 |
| Low | 0.72 | 0.79 | 0.85 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.7% | 19.7% | 26.4% |
| Avg | -10.3% | 9.8% | 9.3% |
| Low | -22.2% | -3.8% | -5.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.